Diagnostics

Diagnostics

Medical devices segment is at a nascent stage in India and is estimated to be at US$ 5.8 Bio in 2017, which is 1.45% of the global medical devices and supplies market of US$ 398 Bio.

By 2020 it is expected to reach around US$ 8.6 Bio, the drivers of this growth would be the Improving Health Infrastructure such as increasing number of hospitals, clinics, telemedicine services and increasing dependence of Human Beings on Machineries for better and accurate results.